Cryptocurrency

Popular Analyst: These 3 Altcoins Will Mark July!

Closely followed crypto analyst Aaron Arnold describes four altcoin projects this month that he says are more ready than ever to catch fire.

(mtag101702)

Aaron Arnold: Grayscale’s addition of well-known altcoin Cardano is a big green flag

(mtag101702)

In a new image, Altcoin Daily host Aaron Arnold is starting his list with Cardano (ADA), which, according to analysts, currently has an undeniable growth potential. Aaron Arnold notes that Cardano is the leader in the crypto space in terms of total price locked by staking.

(mtag101702)

With over $31 billion in ADA currently included in the protocol, the analyst says more price increases are possible on the horizon. The widely-followed influencer also notes that Grayscale, the world’s largest crypto-focused asset manager, has made Cardano the third-largest allocation in its fund. Aaron Arnold adds the following to his explanations on the subject:

(mtag101702)

Make no mistake, Grayscale’s addition of Cardano is a big green flag.

(mtag101702)

Aaron Arnold: Chairman altcoin ETH looks very strong

(mtag101702)

The number two cryptocurrency on Aaron Arnold’s list this month is Ethereum (ETH). The crypto analyst reminds his 869,000 subscribers that the supply of ETH on exchanges is currently at its lowest level since November 2018.

(mtag101702)

He also cites JP Morgan’s statements that predicted upgrades to Ethereum could trigger a new $40 billion industry for staking, which the leading smart contract platform is poised to lead. Aaron Arnold adds to his comments on the bet:

(mtag101702)

To be honest, I think this is Ethereum’s growth cycle. I’ve been saying this for a while. So the people, the excitement, the infrastructure, the people supporting Etheruem, it’s huge.

(mtag101702)

Aaron Arnold: Decentralized oracle network Chainlink will do very very smooth

(mtag101702)

Aaron Arnold’s third coin choice for July is the decentralized oracle network Chainlink (LINK). The analyst cites Chainlink’s long list of integrations as a bullish catalyst that could launch it into the stratosphere in the near future. Aaron Arnold says that as long as the crypto space remains in an uptrend, LINK will be one of the hottest altcoin projects on the market. Aaron Arnold adds the following to his explanations on the subject:

(mtag101702)

What they have from the start is undeniable, from their integration to their ecosystem. As long as there is Bitcoin, as long as the cryptocurrency is in a bull market, which I believe so much, Chainlink will do very, very well. Because what they have done is huge and undeniable.

(mtag101702)

Aaron Arnold: One of the cryptocurrencies ready to explode this month is BTC!

(mtag101702)

The latest cryptocurrency that the Altcoin Daily host says is poised to explode this month is the world’s leading cryptocurrency, Bitcoin. The analyst cites a tweet from on-chain analyst Willy Woo about how the Federal Reserve can trust its brand to promote its own ideas for the new digital economy.

(mtag101702)

The cryptocurrency analyst states that long-term Bitcoin holders who want to push it with some turbulence tend to come out on top. According to him, Bitcoin has the title of “ultimate carrier” of crypto markets. Cryptocoin. com, as we previously reported, for more altcoin news “Here are the Top Winning and Losing Altcoins of the Week” You can review our article.

(mtag101702)

Disclaimer: Cryptocoin. The articles and articles on com do not constitute investment advice. Cryptocoin. com does not recommend buying or selling any cryptocurrency or digital asset or Cryptocoin. com is not an investment advisor. Hence Cryptocoin. com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.

(mtag101702)

Notice: Cryptocoin. Citing the news content of com and quoting by giving a link Cryptokoin. com’s permission is used. No content on the site can be copied, reproduced or published on any platform without permission. Cryptocoin. Legal process will be initiated against those who use code, design, text, graphics and all other content related to com in an unconventional way to intellectual property law and relevant legislation. .

(mtag101702)

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button